ArcelorMittal S.Africa raises steel prices
ArcelorMittal South Africa, a unit of the world's top steelmaker, has increased steel prices effective November 1, the company said on Monday.
The steelmaker said prices for flat steel products would increase by between 3 and 6 percent, depending on the product, while prices for long steel products would be raised by between 4 and 8 percent.
The company said last week that higher costs and lower steel prices hit earnings in the three months to end September.
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